2806 Livingston -2808 St NE, Salem, OR 97301
- Added:
- Apr 4, 2026
- Days on Market:
- 89
- Last Refresh:
- Jul 1 at 10:06 pm
Property Features for 2806 Livingston -2808 St NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1
- Fireplace
- 1
- Standard status
- Active
- APN
- 570887
- Size
- 2,474 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3668
Utilities
- Heating system
- Electric (Heating), Natural Gas, Forced Air
Building Details
- Number of units
- 2
- Flooring type
- Vinyl, Other (refer to remarks)
- Roof type
- Composition
Listing agent BRIAN SMITH (503) 551-8510
Listing office HOMESMART REALTY GROUP 3240 COMMERCIAL ST SE, Salem, OR (971) 599-5865
Listing date Apr 4, 2026
Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex on a large corner lot with two driveways, plus street parking
- Parking includes a 2‑car garage and 4‑car carport
- Recent remodel updates: updated paint, roof, gutters, doors, some windows, and new flooring
- Kitchen and bath updates include countertops, sinks, and vanities
- Unit 2808 is the larger unit with family room, living room, laundry room, and storage
- Two separate yards for both units; RV/boat parking potential mentioned
Overview
The duplex is configured as two separate units with their own yards, providing separation for day-to-day living and potential for storing an RV or boat. The larger unit at 2808 offers ample space, including a family room, living room, laundry room, and storage.
With two self-contained living spaces and multiple parking options, the property can fit buyers looking for a straightforward residential income setup. The combination of recent remodel work and dedicated outdoor areas supports comfortable occupancy for either unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $18.36 |
| − Vacancy | −$3.0k | −$1.20 |
| EGI | $42.4k | $17.16 |
| − OpEx | −$12.7k | −$5.15 |
| NOI | $29.7k | $12.01 |
Alternative Uses
Current Use by Public Records
Map
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.000485
- Latitude
- 44.959311
